Bitwise Files for XRP ETF Amid Ongoing SEC Legal Battle | Key Points | Oct. 03, 2024
In today’s daily recap: Bitwise has filed for an XRP exchange-traded fund (ETF).
In today’s daily recap: Bitwise has filed for an XRP exchange-traded fund (ETF).
This case marks the first official confirmation from Coins.ph of the hack, which had occurred in October 2023.
Who is predicting these two coins to have an ETF soon? Also, what’s the reason for the PEPE all time high? That, and more news in today’s daily recap.
Ripple announces the launch of its stablecoin, backed by the U.S. dollar, aiming to meet the growing demand for reliable digital assets.
Coins.ph offers asset recovery for blockchain transactions with fees starting November 13, 2023.
Earlier, The Block reported that after WhiteBit crypto exchange received a notification from Coins.ph, it promptly blocked 445,000 XRP and contacted analytics firm Chainalysis to flag the associated addresses.
A Coins.ph representative has responded to a concern about the news over its Telegram community channel.
This wraps up a three-year battle where the U.S. SEC claimed Ripple was wrong in not registering its cryptocurrency, XRP, as a security.
Judge Torres instead scheduled an April 2024 trial date, so the other issues that still need resolution will be addressed.
Atty. Rafael Padilla discussed in-depth the results of the US SEC vs Ripple decision. A recommended read for everyone following the case.